From the idea to the business plan

4 important questions on From the idea to the business plan

A sound business model provides a framework for the venture to?

1) generate revenues
2) make profits
3) produce free cash flows

Which four aspects must a viable venture opportunity meet?

- a customer need
- provide at least an initial competitive advantage
- have an attractive time-to-market profile
- offer the expectation of attractive investment returns

What is a business plan?

a business plan is a document that describes the proposed venture in terms of the product or service opportunity, current resources, and financial projections.
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Name the primary components of a typical business plan.

- cover page
-confidentiality statement
- table of contents
-executive summary
- business description
- marketing plan and strategy
- operations and support
- management team
- financial plans and projections
-risks and opportunities
business plan appendix

The question on the page originate from the summary of the following study material:

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